Duck DAO (Uniswap: DUCKWETH) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DUCK began a red wave one advance on January 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 17 and the red wave two (blue sub-waves a-b-c) correction ended on February 22. If this wave count is correct, DUCK should be heading next towards the February 17 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
DuckDAO is the "world’s largest" crowdsourced incubator for crypto projects. The Crypto Lifestyle covered the project one week ago.
(Sources: https://duckdao.io/)How Will Duck DAO Trade?
Duck DAO (Uniswap: DUCKWETH) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
DUCK will takeout the February 17 peak
DUCK will drop below the January 25 low
DUCK will stay in a trading range between the January 25 low and the February 17 peak until April 1